3009 Wabash Ave - Storefront FOR SALE


Los Angeles, CA 90063- Boyle Heights
$1,108,800 USD
213-999-0073
3009 Wabash Ave, Los Angeles, CA for Sale
$1,108,800 USD
Storefront - FOR SALE
1/11
null | Request Cap Rate

3009 Wabash Ave
Los Angeles, CA 90063
Boyle Heights


HIGHLIGHTS

  • Capitalize on Boyle Heights’ Growth.
  • Occupy or Reposition Immediately.
  • High-Visibility Commercial Hub.
  • Visionary Land Assemblage Potential - potential to create a 28,907 square foot, corner-to-corner project.

OVERVIEW

CAREBF | eXp Commercial is pleased to present. Puerta de Wabash (The Wabash Gateway), a unique commercial property located at 3009 Wabash Avenue in the heart of Boyle Heights, Los Angeles. Positioned for significant growth, the offering includes a 3,850 SF building on a substantial 9,338 SF lot, providing a blank canvas for a visionary owner-user or developer. With tenants on flexible month-to-month leases, the property offers a clear path to capitalize on the area's unstoppable momentum, driven by new development and a vibrant local economy. Capitalize on Boyle Heights’ Growth: Seize a rare redevelopment opportunity on a 9,338 SF C2-zoned, Tier 1 T.O.C. lot directly across from a new 4-story, 55-unit apartment community. The site offers clear potential for a future mixed-use or residential project of up to 25 units. Unmatched Owner-User Flexibility: This is an ideal opportunity for a business to control its future. All retail tenants are on flexible month-to-month leases, allowing for quick occupancy. Functionality is significantly enhanced by a rare, recorded easement providing direct rear access from N Evergreen Avenue for private parking and deliveries. Visionary Land Assemblage Potential: Unlock unmatched scale by exploring the potential for a long-term land assemblage of the entire block. This 9,338 SF parcel can serve as the key cornerstone for a master-planned development, allowing a developer to control a significant footprint in this rapidly densifying neighborhood.

FOR SALE DETAILS

PRICE

$1,108,800 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Puerta de Wabash (The Wabash Gateway)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C2

APN/PARCEL ID

5229-029-017

ASK ABOUT THIS PROPERTY

Eric ChavezeXp CommercialMore Info
213-999-0073

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Eric ChavezeXp CommercialMore Info
213-999-0073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.